Recent content by Dono

It could be the start of a new era, come up with a way to start making money from this site. Don't give up after 16 years, you can do it!

You're only a mill in the red. Could be worse man. Sounds like you bought in at the peak into a one trick area. i.e., no other drivers to support growth. Cut your loses now and be left with a few 100k to pay off? Personally I would be inclined to hold onto them (if that's an option). You...

Seems like his only evidence to support those claims are that he accurately guessed Sydney's and Melbourne's a growth in 2013. When I visit Melbourne and Sydney I see so much business activity, people shopping, restaurants full with diners, etc. I just can't see either city taking a huge...

Nail on the head. I imagine op is putting a fair chunk of his income into topping up said mortgages. To op, as others have said, the numbers don't lie. Do your calculations and you'll know if it's time to cash out or hang in there. Seems like your properties have capital growth but the...

I'd like to know what you do for a living to pull 200k plus. If you don't mind sharing that is. Thank you.

You'll get some great advice from the people on this board but you also need to do your own research. This months Money magazine has an article on how to earn $2500 a week by building a property portfolio. It also has a section on property growth areas which you may find interesting. Good...

The answer to your question is Braddon. :)

My advice would be to look at Weetangera in the Belconnen area. I've been told it was designed to be a luxury suburb in the north, ie all houses had to exceed a certain price before being built, large blocks of land, etc. It's a short drive to the CBD and with the improvements being made...

Hi Everyone, After reading this forum for a few months now I decided to buy my first investment property in Eltham, Victoria. I've just received a pack from the bank and apologies for the stupid question but what is a section 74? Specifically, should I put the settlement date into the...

Thank you everyone for the replies. All excellent advice. I did speak with the guy that did the inspection and it didn't sound good. I think the thepeopleagent's raised the point that will make me walk away from this one, and that's to do with the re-sale of the property.

Hi Everyone, Going through the motions to buy a property, build / pest inspection came back with termite damage to the beams holding up the roof. The inspectors described it as a "Major structural defect". Owners are now repairing the damaged areas. Could someone please advise on what...

I usually use the objects in the photos as guides for the likely size of a room, etc. eg. how much space is between the dining table and the wall behind it, etc. But I did read somewhere a trick was to use smaller furniture to make a room look bigger. I do like the fireplaces with roaring...

Hi everyone, I'm looking to buy a property in Victoria. I currently live in Canberra. Local bank manager wants me to draw the deposit and stamp duty from equity in my current place. My understanding is stamp duty is payable at settlement in Victoria(end of the process) not at exchange...

Was thinking of installing one of these into my place... http://www.smartbreeze.com.au/

Thanks for the replies.